Deals Counterparts

Portland General Electric (PGE)

company

Portland General Electric is an integrated electric utility company based in Portland, Oregon, serving over 900,000 customers across 51 cities. The company owns and operates a diverse portfolio of generation assets, including hydropower, thermal, wind, and solar, and manages transmission and distribution infrastructure.

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Founded 1889 3,000 employees
UtilityOperatorDeveloperOfftaker

Strategic Overview

  • Committed to decarbonization and meeting Oregon's clean energy goals, aiming for 80% emissions reduction by 2030, 90% by 2035, and 100% by 2040.
  • Significant investment in renewable energy generation and large-scale battery storage to enhance grid reliability and integrate intermittent renewables.
  • Modernizing grid infrastructure through smart grid technologies and resilience projects.
  • Phasing out coal-fired generation, with full divestiture from the Colstrip coal plant by 2025.

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Key People

Maria Pope
President and CEO

Track Record

3,500
MW Total
135
Years Active
Notable projects: Wheatridge Renewable Energy Facility (Wind, Solar, Battery Storage), Clearwater Battery Storage Project

Detailed Analysis

Sectors
UtilitiesElectricity DistributionElectricity Transmission
Technologies
HydropowerThermal PowerOnshore Wind (1 deal)Solar PV (2 deals)Battery Storage (2 deals)
Geographies
United States (3 deals)

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